Cynthia Loh, general manager for Betterment for Business, suggests the firm is committed to competing against the largest and best-established recordkeepers in the defined contribution retirement plan industry.

August 19, 2014 (PLANSPONSOR.com) – Defined contribution (DC) retirement plan participants across all age groups are taking to social media for financial information and advice, according to Spectrem Group.

MARKET MIRROR

Friday, the Dow closed 72.85 points (0.29%) higher at 24,946.51, the NASDAQ was virtually unchanged at 7,481.99, and the S&P 500 was up 4.68 points (0.17%) at 2,752.01. The Russell 2000 increased 9.43 points (0.60%) to 1,586.05, and the Wilshire 5000 gained 78.92 points (0.28%) to finish at 28,545.18.

The price of the 10-year Treasury note was down 4/32, increasing its yield to 2.844%. The price of the 30-year Treasury bond decreased 12/32, bringing its yield up to 3.078%.

WEEK’S WORTH: For the week ending March 16, the Dow fell 1.54%, the NASDAQ decreased 1.04%, and the S&P 500 lost 1.24%. The Russell 2000 was down 0.69%, and the Wilshire 5000 finished 1.09% lower.